R to @ForeignPolicy: How does this current moment compare to previous energy shocks? @OSullivanMeghan: The obvious energy shock that we compare it to are the shocks of the 1970s, t

How does this current moment compare to previous energy shocks? @OSullivanMeghan: The obvious energy shock that we compare it to are the shocks of the 1970s, the 1973 oil embargo, where Arab members of OPEC declined to export their oil to the United States and other supporters of Israel. But they also started to take oil off the market.